THE BLOCK · 2026-11-12 22:18 UTC

Gemini trading volume drops 73% as Q3 revenue falls to $41 million

Gemini's Q3 revenue fell to $41 million, with trading volume down 73%. The net loss narrowed to $58.6 million as operating expenses fell 30% year over year. Prediction market revenue rose 52% from Q2 as Gemini pursued distribution and clearing partners.

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